0001259061-19-000006.txt : 20190530 0001259061-19-000006.hdr.sgml : 20190530 20190530165234 ACCESSION NUMBER: 0001259061-19-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190528 FILED AS OF DATE: 20190530 DATE AS OF CHANGE: 20190530 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mitchell Todd T CENTRAL INDEX KEY: 0001654942 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36245 FILM NUMBER: 19867230 MAIL ADDRESS: STREET 1: 299 S. MAIN STREET STREET 2: STE.2370 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RiceBran Technologies CENTRAL INDEX KEY: 0001063537 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] IRS NUMBER: 870673375 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1330 LAKE ROBBINS DRIVE, SUITE 250 CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: 2816752421 MAIL ADDRESS: STREET 1: 1330 LAKE ROBBINS DRIVE, SUITE 250 CITY: THE WOODLANDS STATE: TX ZIP: 77380 FORMER COMPANY: FORMER CONFORMED NAME: NUTRACEA DATE OF NAME CHANGE: 20030930 FORMER COMPANY: FORMER CONFORMED NAME: NUTRASTAR INC DATE OF NAME CHANGE: 20011221 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE CONSUMER INTERNATIONAL INC DATE OF NAME CHANGE: 20010418 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2019-05-28 0 0001063537 RiceBran Technologies RIBT 0001654942 Mitchell Todd T C/O RICEBRAN TECHNOLOGIES 330 LAKE ROBBINS DRIVE, SUITE 250 THE WOODLANDS TX 77380 0 1 0 0 Executive Vice President Common Stock Option, right to buy 2.9 2019-05-28 4 A 0 75000 0 A 2029-05-28 Common Stock 75000 75000 D Restricted Stock Units 2019-05-28 4 A 0 125000 0 A 2024-05-28 Common Stock 125000 125000 D The option vests and becomes exercisable as to 25% of the option shares on May 28, 2020. The remainder of the option shares vest and become exercisable in thirty-six equal monthly installments beginning June 28, 2020. Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSU shares vest based upon a vesting price equal to the volume weighted average trading price of our common stock over sixty-five consecutive trading days. The RSU shares vest as to (i) 12,500 shares if the vesting price equals or exceeds $5.00 per share, (ii) 37,500 shares if the vesting price equals or exceeds $10.00 per share and (iii) 75,000 shares on the later of (a) May 28, 2020 and (b) the date the vesting price equals or exceeds $15.00 per share. The shares covered by the RSU would be issued following vesting as provided in the 2014 Equity Incentive Plan and the RSU agreement. Todd T. Mitchell 2019-05-30